Touchmark Bancshares, Inc. Elevates Steve Schaefer to Executive Leadership Role

Touchmark Bancshares, Inc. Announces Executive Promotion

On March 2, 2026, Touchmark Bancshares, Inc. (OTCID: TMAK), which serves as the parent company for Touchmark National Bank, made headlines with the announcement of an important executive leadership promotion. Steve Schaefer, who joined Touchmark National Bank in August 2025 as Senior Credit Officer, has been elevated to the role of Executive Vice President and Chief Credit Officer, effective immediately.

Bobby Krimmel, the President and CEO of Touchmark National Bank, provided insights into this significant decision. He stated, “The promotion of Steve Schaefer to Chief Credit Officer honors his remarkable dedication and capability in handling regulatory challenges. These challenges were particularly concerning ongoing credit monitoring and the management of problematic loans identified in the official agreement with the OCC (Office of the Comptroller of Currency).”

Schaefer’s strategic intervention and leadership have proven instrumental, as he successfully addressed all credit administration issues in just three months. The effectiveness of his approach is highlighted by the termination of the Formal Agreement on February 17, 2026, reflecting the high-quality leadership required to drive Touchmark’s vision forward as a preeminent banking choice for small to medium-sized enterprises.

The Path Ahead

With this promotion, Schaefer will continue to manage Touchmark’s credit administration functions, furthering the organization's commitment to excellence in banking services. This leadership change is not merely an internal restructuring; it also signifies a renewed focus on ensuring compliance and improving regulatory standings, crucial tasks for the bank in this competitive financial landscape.

Touchmark Bancshares, Inc. is popular as a community bank that has been serving its local regions since 2008, primarily focusing on areas like Cherokee, Cobb, Dekalb, Forsyth, Gwinnett, and North Fulton counties in Georgia. As of December 31, 2025, the bank’s impressive financial results indicated total assets of $418 million and total shareholders' equity of approximately $71 million.

The elevation of Schaefer to the executive team represents a recognized effort to not only fix previous administrative issues but also to establish a more robust framework for future operations. As companies in the banking sector continue to navigate evolving regulations, the role of leaders like Schaefer becomes increasingly vital.

Touchmark’s leadership firmly believes that with Schaefer at the helm of credit operations, the bank can further strengthen its service offerings and operational frameworks. This represents an opportune moment for Touchmark to remind its customer base and stakeholders of its core mission: to be the premier financial partner for small and medium-sized businesses.

Conclusion

By announcing this leadership change, Touchmark Bancshares, Inc. is showcasing its dedication to fostering leadership from within and responding proactively to external challenges. The financial landscape is ever-changing and requires visionary leaders who can steer their organizations through uncertainties. Steve Schaefer’s promotion is a strategic step towards reaffirming Touchmark’s commitment to operational excellence and stellar service delivery.

For additional information on Touchmark Bancshares or to monitor future developments, interested parties can visit their official website at www.touchmarknb.com under the Investor Relations section.